Joule Biotechnologies is certainly on the right track. And the more CO2 we produce using coal, oil, gas and tars, the better it will be for their microbes which produce diesel directly from CO2 and sunlight without going through the cellulose processing steps.
But until there is serious evidence that CO2 from natural reserves of coal, oil etc is a problem, it won't be cheaper to go to the trouble of building microbe processing factories instead of just getting coal, tar, oil and methane out of the ground almost ready to burn.
"Hiding the decline", destroying temperature records, and inventing bung simplistic computer models that fail to predict the climate are not good evidence that there is actually a CO2 problem.
So far, the extra CO2, which might or might not be due to human production, is good rather than bad because crops and other plants love it. Plants were struggling to collect CO2 from a depleted atmosphere with CO2 right down to an all-time historic low of 280ppm; saved in the nick of time by SUVs, 747s, ships, trains, and heating houses, recycling buried carbon.
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